Goldman came out today and reiterated a sell rating on Apple.
Goldman reiterates sell rating on Apple
- Thread starter derektrader
- Start date
I understand going with the flow as a trader but in the end stocks need to be valued appropriately. The nasdaq was getting absolutely ridiculous.
"In the end" could be waaaaay down the road. "value" is a thing and so is "momentum". Gotta find your way within.
Many players, especially noobs, like to think... "I can ride the gravy train of momentum, then jump out before it all comes crashing down". Often doesn't work out that way.
What usually happens is some "lament selling too early" and others "lament getting trapped by holding too long".
Many players, especially noobs, like to think... "I can ride the gravy train of momentum, then jump out before it all comes crashing down". Often doesn't work out that way.
What usually happens is some "lament selling too early" and others "lament getting trapped by holding too long".
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Make a little, make a little, make a little, think your a damn rock star then hold a loser until your account is wiped out.
Seen it soooooo many times over the years.
Going your way, afraid it'll turn against you sell, going against you, afraid it'll turn your way right after you exit and the more red it gets the more you want it to turn.